Clearly there are less mortgages about because the Commonwealth Bank is off loading over 100 mortgage staff in Melbourne, like they needed that many staff in the first place, isn't all of it just computerised these days? May be the bank just uses an excel spreadsheet to calculate that you need freakin' billions of dollars for a tiny house anyway... more rambling after the break
So yeah may be it's not worth the bother...well at least the bank is making some probably vague attempt at finding work for those let go. Oh the irony of it all with banks making big profits, but I guess they have squillions of properties that could disappear down an economic drain. Unless it's just a form of feudalism..yeah that must be it.
The ABC online gives the detail and other commentary from unions etc

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